The average Briton’s savings would only last 52 days if they were unable to work, Yorkshire Building Society has revealed.  
Research published today by the society showed monthly outgoings for the average British consumer total £1,445, while average accessible savings amounted to £2,474. This means those who are unable to work for an extended period of time […]

The number of adults using online banking has increased by 505% since 2000, according to figures released today by APACS, the UK payments association.  
In 2000, just under 3.5 million people were using the internet to check and maintain their personal finances, APACS revealed, compared to 21 million last year. This increase is in spite […]

Nearly a third of credit cardholders have had the APR on their existing card hiked in the past year, according to research from Moneysupermarket.
Egg, Capital One, Lloyds TSB, MBNA and Barclaycard have been the main providers changing the APRs of existing customers. Egg, for example, has been behind 11% of cardholders having their APR increased, […]

Comparison site Moneyfacts has issued some helpful tips for school leavers preparing to go off to university and become financially independent for the first time.
Michelle Slade, analyst at Moneyfacts, said: “With only a few weeks to go before the long-awaited A Level results are published, some school leavers will be excitedly preparing to go off […]

British savers still suffer from a lack of knowledge about the effects of inflation and tax on their savings when choosing the right nest egg for their money, according to National Savings and Investments (NS&I).
Almost a third of people said that although they know what inflation is they don’t understand how it affects their savings […]

Credit card providers are cashing in on customers who use their plastic to take out cash from an ATM, according to MoneyExpert.
The independent financial comparison website says the average APR charged to customers who borrow cash and do not clear the balance has continually risen since November 2006 from 21% then to 24% in June […]

Searching for the best current account provider may be the last thing on many graduates’ minds when leaving university, but shopping around could save money according to Moneyfacts.
Michelle Slade, analyst at Moneyfacts, said: “There are only six UK providers of graduate finance, so choice is limited to the major players.
“Graduates will often remain loyal to […]

The Co-operative Insurance is urging the motor insurance industry to do its bit to reduce CO2 emissions by stopping the practice of replacing plastic components with new parts.
By repairing damaged car parts rather than replacing them, The Co-op claims that more than 200,000 plastic bumpers could be prevented from being sent to landfills sites each […]